Can someone please explain why it was said not to trade PAC for another coin? Here is the post I am referring to: https://paccoin.net/chapter-2-breaking-though
Does this mean we can't even trade it to a coin that can be liquidated if PAC's value goes up?
Topic: [ANNOUNCE] paccoin a new SHA256D coin is being introduced - page 115. (Read 136571 times)
A person having 100 million old coins after the exchange will receive 100,000 new coins is this normal? And most importantly, it is not clear how much new coins will cost
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It happens all the time... coins get redeveloped etc and have numbers reduced. Your new 100,000 coins will have the same value as your previous 100,000,000 because the market cap will remain the same.
Remember, value is just market cap divided by circulating supply. That means the new coins will be much more valued at $0.04 compared to the current cost of $0.00004 assuming market cap remains stable.
pacman says,
{to the DEV}
spin it off. PAC is what it is fun and abundant and a great network. yes hyper inflating, see the fun part.
after that AWESOME to see a real dev(s) join up, peoples alternative coin, it is happening.
like btcCash just fork off, be better but allow the original to pluck along.
cheers.
A person having 100 million old coins after the exchange will receive 100,000 new coins is this normal? And most importantly, it is not clear how much new coins will cost
---------
---------
It happens all the time... coins get redeveloped etc and have numbers reduced. Your new 100,000 coins will have the same value as your previous 100,000,000 because the market cap will remain the same.
Remember, value is just market cap divided by circulating supply. That means the new coins will be much more valued at $0.04 compared to the current cost of $0.00004 assuming market cap remains stable.
A person having 100 million old coins after the exchange will receive 100,000 new coins is this normal? And most importantly, it is not clear how much new coins will cost
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The market cap will remain the same, hence so will the value - that's just simple math. Currently there's a max supply of 100 TRILLION - so having 10 million coins is still nothing compared to that... but taking 3 zeros off the end all they're doing is reigning this coin in to give it a more reasonable MC to Supply ratio moving forward.
Personally I'm still unsure about where this is all going, but ultimately this is a coin that has increased 600,000% plus over the last year so it's worth a bet. Heck, if you'd put 100 bucks in this a year ago you'd have around half a million dollars right now. The level of FOMO in this nascent market is such that it's actually wiser to have a few small bets.
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Guys please don't buy these crap coins! They will have a 100 billion supply once the fork is introduced, so all of you all who have 10 million coins will only have 10k in a 100 billion supply! That is nothing! They changed the price on the website for the 2 billion master node from 25k to 20k to 30k all within a day. To me thats a bit shady. These guys have no business plan. Name one person who actually works at PACCOIN besides ''Saul Wolf'' who ever that is? Theres not even a picture of him on the website. What will they offer once the fork is completed and why will there coin be worth anything? The only coin thats worth anything that has a 100 billion supply is Ripple. And Paccoin is no Ripple. I hate to see young guys buy these coins with the hopes that Paccoin will hit 0.1 before the fork. Sorry guys not going to happen. Think about it, after the fork you will have three less zeroes in a 100 billion supply.
The market cap will remain the same, hence so will the value - that's just simple math. Currently there's a max supply of 100 TRILLION - so having 10 million coins is still nothing compared to that... but taking 3 zeros off the end all they're doing is reigning this coin in to give it a more reasonable MC to Supply ratio moving forward.
Personally I'm still unsure about where this is all going, but ultimately this is a coin that has increased 600,000% plus over the last year so it's worth a bet. Heck, if you'd put 100 bucks in this a year ago you'd have around half a million dollars right now. The level of FOMO in this nascent market is such that it's actually wiser to have a few small bets.
Guys please don't buy these crap coins! They will have a 100 billion supply once the fork is introduced, so all of you all who have 10 million coins will only have 10k in a 100 billion supply! That is nothing! They changed the price on the website for the 2 billion master node from 25k to 20k to 30k all within a day. To me thats a bit shady. These guys have no business plan. Name one person who actually works at PACCOIN besides ''Saul Wolf'' who ever that is? Theres not even a picture of him on the website. What will they offer once the fork is completed and why will there coin be worth anything? The only coin thats worth anything that has a 100 billion supply is Ripple. And Paccoin is no Ripple. I hate to see young guys buy these coins with the hopes that Paccoin will hit 0.1 before the fork. Sorry guys not going to happen. Think about it, after the fork you will have three less zeroes in a 100 billion supply.
The market cap will remain the same, hence so will the value - that's just simple math. Currently there's a max supply of 100 TRILLION - so having 10 million coins is still nothing compared to that... but taking 3 zeros off the end all they're doing is reigning this coin in to give it a more reasonable MC to Supply ratio moving forward.
Personally I'm still unsure about where this is all going, but ultimately this is a coin that has increased 600,000% plus over the last year so it's worth a bet. Heck, if you'd put 100 bucks in this a year ago you'd have around half a million dollars right now. The level of FOMO in this nascent market is such that it's actually wiser to have a few small bets.
Guys please don't buy these crap coins! They will have a 100 billion supply once the fork is introduced, so all of you all who have 10 million coins will only have 10k in a 100 billion supply! That is nothing! They changed the price on the website for the 2 billion master node from 25k to 20k to 30k all within a day. To me thats a bit shady. These guys have no business plan. Name one person who actually works at PACCOIN besides ''Saul Wolf'' who ever that is? Theres not even a picture of him on the website. What will they offer once the fork is completed and why will there coin be worth anything? The only coin thats worth anything that has a 100 billion supply is Ripple. And Paccoin is no Ripple. I hate to see young guys buy these coins with the hopes that Paccoin will hit 0.1 before the fork. Sorry guys not going to happen. Think about it, after the fork you will have three less zeroes in a 100 billion supply.
I agree. Not only for what u said. But also the thread is like a chat group with no official replies from the coin owner. People are asking a lot of stuff here and get non official replies. Even there is no one from the coin "team" looks following up here !!!! I think we should sell our coins before the swap and see where it goes after the swap.
I think we need to hurry with conclusions. When the coins are burned there will be 3 billion of coins. Therefore, it is not yet known how it will be. It remains only to wait and hope!
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Guys please don't buy these crap coins! They will have a 100 billion supply once the fork is introduced, so all of you all who have 10 million coins will only have 10k in a 100 billion supply! That is nothing! They changed the price on the website for the 2 billion master node from 25k to 20k to 30k all within a day. To me thats a bit shady. These guys have no business plan. Name one person who actually works at PACCOIN besides ''Saul Wolf'' who ever that is? Theres not even a picture of him on the website. What will they offer once the fork is completed and why will there coin be worth anything? The only coin thats worth anything that has a 100 billion supply is Ripple. And Paccoin is no Ripple. I hate to see young guys buy these coins with the hopes that Paccoin will hit 0.1 before the fork. Sorry guys not going to happen. Think about it, after the fork you will have three less zeroes in a 100 billion supply.
Guys please don't buy these crap coins! They will have a 100 billion supply once the fork is introduced, so all of you all who have 10 million coins will only have 10k in a 100 billion supply! That is nothing! They changed the price on the website for the 2 billion master node from 25k to 20k to 30k all within a day. To me thats a bit shady. These guys have no business plan. Name one person who actually works at PACCOIN besides ''Saul Wolf'' who ever that is? Theres not even a picture of him on the website. What will they offer once the fork is completed and why will there coin be worth anything? The only coin thats worth anything that has a 100 billion supply is Ripple. And Paccoin is no Ripple. I hate to see young guys buy these coins with the hopes that Paccoin will hit 0.1 before the fork. Sorry guys not going to happen. Think about it, after the fork you will have three less zeroes in a 100 billion supply.
I thought the max supply will need to cut down 1000 times as well, to 100 millions coins only, can someone confirm?
I believe in pac. The new team makes a good coin. it is a pity that there is no direct exchange for fiat money yet. Tomorrow next pump ?😉
It's quite stable recently, burn out the unnecessary zeros is a good thing to do. I'm tired of counting zeros
I bought 18 mil of paccoin. If the price cannot raise 1000 times higher after swap, I'll be broke 
Just sell before the swap
I bought 18 mil of paccoin. If the price cannot raise 1000 times higher after swap, I'll be broke
the new coins will use new names or same name ?
some people say pacco in Italian is not have good meaning
some people say pacco in Italian is not have good meaning
If a new name, I would suggest something like PacCoin+.
But let's wait and see the dev team's answer
the new coins will use new names or same name ?
some people say pacco in Italian is not have good meaning
some people say pacco in Italian is not have good meaning
its 60 days of pump and then a new coin will be born like many that are now top 10 coins its evolution baby
This coin is a POS and sha256POW hybrid?
No?
Is as old as Peercoin but more fair because much wider and cheaper early years phase.
Pacco is the smallest unit of value, less than a doge, and is spreading like wildfire.
Anyone can afford a million, Anyone can have a FREE handful.
No?
Is as old as Peercoin but more fair because much wider and cheaper early years phase.
Pacco is the smallest unit of value, less than a doge, and is spreading like wildfire.
Anyone can afford a million, Anyone can have a FREE handful.
Look at ripple almost 1 trillion max supply and they are $2.45. Paccoin can be at least 1 cent.
Im Going to buy 11 million PAC right now . Let hope this coin will be success in 2018 .
So Free Bitcoin Poker has given over 1,000,000pac as of yesterday 
-pickle
-pickle
we can buy it on Cryptopia and hold it right?
what are views about this holding on cryptopia?
what are views about this holding on cryptopia?
if you are able setup a wallet you can get it at https://paccoin.net/
if not leave at cryptopia for now, if you trust them with youre money. I do trust them
https://paccoin.net/chapter-2-breaking-though
read up on these posts and blogs to be up to date.
In that post he states "Important note – please be very careful trading PAC against Bitcoin or BTC or coins with a higher valuation – please." Why is that???
I believe in pac. The new team makes a good coin. it is a pity that there is no direct exchange for fiat money yet. Tomorrow next pump ?😉
Why tomorrow, let's take this coin to a 💵.
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